FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
568 2 21
There are two chances for gold             . And soon becomes clear.
1800 is a choice. and another is 800.
Is likely that gold             will choose the 1800
mmh no!
Gold is in a bull run towards $1,500 - $1,530. That´s where we should expect a larger multi month pullback... probably end of the year or spring 2017!
For now it should hold above $1,300 and move soon or later (a decision is imminent until early October..) towards the next minor target $1,415 - $1,430 ... check the slow stochastic on the monthly chart.. its bullish embedded.. the uptrend is locked in.. we will go higher from here.. any short-term move below $1,325 is another chance to add long positions...
With the analysis equally unclear...
+1 Reply
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